@smclare Thanks for giving some background on the Founders Pledge cost-effectiveness scenarios. For TaRL, I’m surprised that you say that the optimistic scenario is the unfathomably best case scenario. Even in that scenario, impacts are assumed to last 20 years, and the impact of test scores improvements on earnings does not use the most optimistic cases mentioned in the Founders Pledge education report. It seems fathomable impacts could last a whole career (say 40 years). As you can see from my cost-effectiveness estimates for TaRL, my unfathomably best case scenario is significantly more optimistic than the one from Founders Pledge (I included in the cost-effectiveness spreadsheet a worksheet using the worksheet from Founders Pledge as a starting point, but with my own scenarios in there). And in both cases, we only include the impact on income. It seems quite plausible that education would have impacts beyond that which aren’t taken into account.
@smclare Thanks for giving some background on the Founders Pledge cost-effectiveness scenarios. For TaRL, I’m surprised that you say that the optimistic scenario is the unfathomably best case scenario. Even in that scenario, impacts are assumed to last 20 years, and the impact of test scores improvements on earnings does not use the most optimistic cases mentioned in the Founders Pledge education report. It seems fathomable impacts could last a whole career (say 40 years). As you can see from my cost-effectiveness estimates for TaRL, my unfathomably best case scenario is significantly more optimistic than the one from Founders Pledge (I included in the cost-effectiveness spreadsheet a worksheet using the worksheet from Founders Pledge as a starting point, but with my own scenarios in there). And in both cases, we only include the impact on income. It seems quite plausible that education would have impacts beyond that which aren’t taken into account.